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  • Tuesday, March 28, 2017

    New Energy Vs. Utilities In Indiana

    Solar energy at crossroads in Indiana

    Robert King, March 22, 2017 (IndyStar via USA Today)

    “…[Solar energy enthusiasts say] the future of a growing Indiana industry [that benefits homeowners, small businesses, churches and schools and provides good jobs and helps the planet] is at stake...[Indiana utilities say] the solar industry is well enough established in Indiana that it should be able to stand without the incentives that got it off the ground, and that could someday become costly to other power customers…[But there’s little argument that Senate Bill 309, being debated in the Indiana House, will decide the fate of] the financial incentive that helps offset the considerable installation costs of solar panels, wind turbines and other equipment for small producers, through a process called net metering…The bill would eventually lower the credit for the surplus [from its current retail rate of $0.11/kWh to the $0.035/kWh] wholesale rate…The Solar Foundation estimates that Indiana employed 2,700 people in the solar industry in 2016, up from 1,500 the prior year. An estimate by the Environmental Law & Policy Center says that, in wind and solar combined, there are nearly 4,000 people in the industry across 64 companies…” click here for more

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